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Onward Technolog

  • Market Cap: Micro Cap
  • Industry: IT - Software
  • ISIN: INE229A01017
  • NSEID: ONWARDTEC
  • BSEID: 517536
INR
227.20
10.95 (5.06%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 42.02 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
HCL Technologies
Wipro
TCS
Infosys
Onward Technolog
XT Global Infot.
Softtech Enginee
OnMobile Global
Eternal Ltd
FCS Software
Aurum Proptech
Why is Onward Technologies Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 12.17% and Operating profit at 7.08% over the last 5 years
2
Negative results in Dec 24
  • PAT(Q) At Rs 6.04 cr has Fallen at -11.0 %
  • CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 23.34 cr
3
Stock is technically in a Bearish range
  • The technical trend has deteriorated from Mildly Bearish on 04-Apr-25 and has generated -6.63% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Falling Participation by Institutional Investors
  • Institutional investors have decreased their stake by -0.8% over the previous quarter and collectively hold 15.56% of the company
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors
5
Below par performance in long term as well as near term
  • Along with generating -51.97% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Software )

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Onward Technolog for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Onward Technolog
-52.32%
-1.09
47.71%
SENSEX
0.45%
0.03
14.48%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
12.17%
EBIT Growth (5y)
7.08%
EBIT to Interest (avg)
11.71
Debt to EBITDA (avg)
0.99
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.19
Tax Ratio
28.65%
Dividend Payout Ratio
33.20%
Pledged Shares
0
Institutional Holding
15.56%
ROCE (avg)
11.78%
ROE (avg)
11.05%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
21
Industry P/E
26
Price to Book Value
2.35
EV to EBIT
18.27
EV to EBITDA
12.37
EV to Capital Employed
2.29
EV to Sales
1.04
PEG Ratio
NA
Dividend Yield
2.30%
ROCE (Latest)
12.27%
ROE (Latest)
11.56%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
NET SALES(Q)

Highest at Rs 123.39 cr

-8What is not working for the Company
PAT(Q)

At Rs 6.04 cr has Fallen at -11.0 %

CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 23.34 cr

Loading Valuation Snapshot...
Here's what is working for Onward Technolog
Net Sales - Quarterly
Highest at Rs 123.39 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Onward Technolog
Profit After Tax (PAT) - Quarterly
At Rs 6.04 cr has Fallen at -11.0 %
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Cash and Cash Equivalents - Half Yearly
Lowest at Rs 23.34 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents